Key Takeaways Tesla earlier this week reported a $600 million profit associated with its bitcoin holdings, which accounted ...

Tesla reported a $600 million gain from its Bitcoin holdings in the fourth quarter of 2024 thanks to new accounting rules that allow companies to record the market value of the crypto on their books.

Tesla overall reported adjusted EPS of $0.73 in the fourth quarter, missing estimates for $0.76. The gain on its bitcoin holdings was for GAAP purposes and would have had no effect on adjusted EPS.

MicroStrategy rebrands as Strategy with 15% BTC yield target for 2025. Tesla fell to its lowest level of 2025. China files ...

Tesla CFO Vaibhav Taneja noted that the automaker’s net income in Q4 was “impacted by a $600 million market benefit from ...

He rates shares Buy with a $430 price target for the stock. Tesla reported earnings per share of 73 cents, helped by a one-time Bitcoin gain. Wall Street was looking for 75 cents. What’s more ...